Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report By Cointelegraph

Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report Crypto-focused hedge fund and venture capital firm Three Arrows Capital is considering the sale of remaining assets and even a bailout as it grapples with the prospect of insolvency in the wake of a violent collapse in digital asset markets. The firm, which also … Read more

Global tech on edge as WTO weighs e-commerce tariffs By Reuters

© Reuters. FILE PHOTO: Optical fiber cables for internet providers are seen running into a Enel Group server room in Perugia, Italy, June 23, 2017. Picture taken June 23, 2017. REUTERS/Alessandro Bianchi/File Photo/File Photo By Philip Blenkinsop GENEVA (Reuters) – The global technology industry is pressing the World Trade Organization to exempt data flows from … Read more

Govt weighs panel to rule on appeals against social media content takedowns

India is considering whether to set up an appeals panel with the power to reverse the content moderation decisions of social media firms, the information technology ministry said, in what would be the first such move of its kind worldwide. The revelation came in a document seeking comments on … Read more

India weighs appellate panel to hear grievances for social media takedowns

India is considering whether to set up an appellate panel to hear grievances by social media users against operators’ decisions to take down content Topics Social Media | information technology | IT ministry Reuters  |  NEW DELHI  Last Updated at June 2, 2022 12:01 IST NEW DELHI (Reuters) – India is … Read more

Amid sanctions, Russia weighs crypto for international payments: Report By Cointelegraph

Amid sanctions, Russia weighs crypto for international payments: Report The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year. The Moscow-based Interfax news agency and Reuters reported Friday that Ivan Chebeskov, who heads the … Read more

Emerson weighs potential $3B sale of garbage disposal unit – Bloomberg (NYSE:EMR)

Emerson Electric (NYSE:EMR) is considering a sale of its Insinkerator waste disposal business, which could fetch as much as $3B, Bloomberg reported on Wednesday. The company is working with an adviser to look at options for the unit, which could attract interest from private equity firms and publicly traded rivals, according to the report. Insinkerator … Read more

Is Alibaba Stock a Buy Ahead of Earnings? 5-Star Analyst Weighs In

Before Thursday’s market action kicks off, Alibaba (BABA) will step up to the earnings plate and deliver F4Q22’s financials. The latest quarterly update comes against a backdrop of a contracting Chinese economy, supply chain woes and the recent zero-COVID lockdowns. Taking these factors into consideration, ahead of the print, Baird’s 5-star analyst Colin Sebastian thinks … Read more

Credit Agricole Italy Weighs Investing in Banco BPM’s Insurance Business

Credit Agricole Italy is interested in investing in the insurance activities of Banco BPM, the French banking group’s Italy head said on Monday. Banco BPM has exercised a call option to gain full ownership of its insurance joint-venture with France’s Covéa, in line with a strategy to bring insurance operations in house. However, Italy’s third-largest … Read more

THG rejects £2bn bid as Candy weighs up online retailer

THG has rejected a £2.07bn bid from two investment companies, as a venture capital firm controlled by property tycoon Nick Candy also said it was exploring an offer for the beauty and nutrition online retailer. THG has been hit by a string of setbacks since its IPO in 2020, with its share price tumbling from … Read more